cannabis news
cannabis news · page 5
- Adult-Use
High Tide are Canada’s leading cannabis company for revenue
WE’RE OPEN! Rhode Island adult-use cannabis sales kick off just 6 months after legalization Rhode Island’s long-awaited shift to adult-use cannabis sales finally arrives Thursday in the nation’s smallest state, a market that is expected to generate $300 million in sales within a few years, reports MJ Biz Daily.
- Adult-Use
Cannabis consumers aren’t smoking less with inflation pressures
BEST QUARTER YET New Jersey exceeds $100M in a single quarter for the first time New Jersey saw a jump in recreational sales last quarter, topping $100 million in sales for the first time and “New Jersey is only seeing the beginning of what is possible for cannabis”, says a press release New Jersey now…
- Hemp Industry
New bill would allow cannabis businesses to apply for SBA loans
FAILED PROHIBITION Latin American leaders announce international conference to ‘rethink’ drug policy Marijuana Moment reports that the presidents of Columbia and Mexico have announced they will be bringing together other Latin American leaders for an international conference focused on “redesigning and rethinking drug policy”.
- CBD Market
Nevada to hold lotteries for consumption lounge licenses
HEMP FOR GOOD Hemp could be the answer to climate change Benzinga reports that a team of scientists from Hudson Carbon say cannabis could be the missing player in humanity’s fight against climate change, as Hemp absorbs carbon dioxide from the atmosphere more than twice as effectively as trees.
- Cultivation
Major shifts expected across the cannabis industry in coming years
STATE BALLOTS Advocates in Idaho start campaign to get medical cannabis on 2024 ballot Marijuana Moment reports that the Kind Idaho campaign has begun collecting signatures for a medical cannabis legalization initiative that they hope to place on the state’s 2024 ballot.
- Cultivation
New update on the state of cannabis banking amid reform talks
BANKING REPORT New update on the state of cannabis banking amid reform talks The Financial Crimes Enforcement Network (FinCEN) has released new and expanded data on the state of banking in the cannabis industry under the prohibitionist status quo, reports Marijuana Moment.
- CBD Market
Cannabis workers push to unionize amid state legalization
UNITED FRONT Cannabis workers push to unionize amid state legalization As more legal cannabis dispensaries open their doors throughout the country, the likelihood that unionized workers might be behind the counter is becoming more of a reality, reports Forbes.
- Medical
New York Cannabis Control Board approves the first 36 CAURD licenses
HISTORIC DECISION New York Cannabis Control Board approves the first 36 CAURD licenses In historic news for New York, the New York Cannabis Control Board has voted to approve the first 36 retail licenses, reports The New York Times.
- Policy & Regulation
New York starts to crack down on the legacy market
GREY MARKET New York starts to crack down on the legacy market There have been concerns that New York’s legal market could suffer the same fate as California, where the illicit market continues to thrive under legalization.
- Adult-Use
Cannabis research bill heads to Biden’s desk after passing the Senate
UNANIMOUS SUPPORT Cannabis research bill heads to Biden’s desk after passing the Senate The first stand-alone cannabis bill to be approved by both chambers of congress has passed the Senate and is on its way to Biden’s desk, according to a press release.
- Hemp Industry
Congressional committee holds cannabis legalization hearing
CANNABIS HEARING Congressional committee holds cannabis legalization hearing Multiple U.S.
- CBD Market
House Democrats and Republicans co-publish memo on cannabis
JOINT MEMO House Democrats and Republicans co-publish memo on cannabis House Democrats and Republicans have co-published a joint memo ahead of a congressional subcommittee meeting on marijuana on Tuesday, laying out key background details on the issue, reports Marijuana Moment.
